Let me preface my question first.
I know very little about forex - not enough to start any trading, put it that way.
I know the forex markets are very liquid and there's little chance of gapping occurring, but ..
I was still wondering what happened let's say during the Fukushima disaster or on 9/11 (2001) in the USA - when the yen moved violently by a whole yen or two and the USD moved by a whole cent or 2 in just a day.
That's the equivalent of 10,000 - 20,000 pips in a day in the USD.
So taking the trading during 9/11, as an instance ... (I'm sorry for bringing up this grim event ) ..
Let's say in the case of the USD, if a trader had a stop set at 250 pips on each of his trades - would that have guaranteed that the loss of each one of his trades would have been limited to 250 pips - even on this freakish day and in the context of the 20,000 pip move?
- Forums
- Forex
- re: trading in high volatility - worse case scenario
Let me preface my question first. I know very little about forex...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online